Question
Which of the following is the primary purpose of a
Letter of Credit (LC) in trade finance?Solution
A Letter of Credit (LC) is a financial instrument used in international trade to guarantee that a buyer’s payment to a seller will be received on time and for the correct amount. If the buyer fails to make a payment, the bank that issued the LC covers the amount.
Quinine, the commonly used drug for malaria, is obtained from a plant. What   part of the plant yields the drug?
Which of the following deposits are not insured under DICGC?
Which compound structure includes a saturated short-chain fatty acid with 4-carbon molecules, commonly found in esterified form in animal fats and plant...
Which state in India is the largest producer of Natural Rubber in India?
Under 80C of income tax, which of the following does not get tax rebate?
Haripriya Namboodiri is an exponent of which Indian classical dance form?
Under the Ayushman Vay Vandana scheme, senior citizens can receive a maximum annual pension of:
By which of the following constitutional amendments were the fundamental duties included in the Indian Constitution?
Lal Kangaroo is the national animal of which of the following nations?
Beti Bachao, Beti Padhao is a campaign of the Government of India that aims to generate awareness and improve the efficiency of welfare services intende...
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